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300 Williamson Street

Updated Oct 28, 2024

300 Williamson St, LLC Acquires Special Purpose Property In Elizabeth For $1,025,000
SOLDSpecial Purpose

300 Williamson St, LLC Acquires Special Purpose Property In Elizabeth For $1,025,000

300 Williamson Street

$1,025,000

$162/SF

Building Size

6,319 SF

Asset Type

Special Purpose

Closing

Sep 13, 2022

About this deal

AI

The special purpose property located at 300 Williamson Street in Elizabeth has been sold in a recent transaction. The property spans a total of 6,319 square feet, with a sale price of $1,025,000. This translates to a price per square foot of $162. The transaction took place on 09/13/2022.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $1,025,000
  • Address: 300 Williamson Street
  • Market: Elizabeth

The buyer of the property is 300 Williamson St, LLC, while the seller is Barbara Field. The deal was facilitated by George A. Castro IV from Premier Homes.

Players

George A. Castro IV

Premier Homes Pros

Broker

$1M

vol

1 deal

Broker

Elizabeth Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Sale transactions

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Deal FAQ

About $162 per square foot on a published $1M for 6,319 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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